$FCT has been consolidating for a few years and ready to begin a new run up.
Factom has a low supply and currently significantly undervalued.
Good time to accumulate and patiently wait for great returns.
Not financial advice.
Trade carefully and good luck.
Unsure about the stop, it's not a liquid market and it could dump -20% easily just to bounce back right after.
TP1: 0.003
TP2: 0.005
TP3 (moonboi teritory): 0.007
FCT/BTC looks like a buy now.
We have a 21/55 MA buy cross to happen today/ tomorrow. We are still in 2 parallel channels and will see in which one it will continue. From a fundamental side, there has been an increase in protocol usage which is a good sign as well.
I would buy some upon volume confirmation.
Technical analysis:
. FACTOM/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00160000 to 0.00118000). if so, traders can set orders based on Price...
Factom has exceeded even the bravest of expectations this month. I have previously mentioned that it was in a very oversold territory and that it was natural to retrace back up but boy, was that a run! Honestly, I am pretty down at the moment on this trade as I have gotten into a short at the 190k level previously looking at the TD 9 - 1D chart:
Glad I could...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 13th of June 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 54.73% PROFIT!!!
The increase in price may also be explained by positive developments including:
May...
Bids at the bottom of uptrend. Will also play the breakout of current downtrend.
Small position at this level and looking to increase position size on one of the above outcomes.
• Previous bullish channel (18 degree angle) has been broken pushing Factom UP to new resistance of 0.00320121 SATS in a (60 degree angle) rally.
• My EW wave count shows Factom halfway through its current wave cycle. If I'm correct, it is on it's way to the (3rd) point on its current impulse rally (being that middle impulse can not be shortest by EW theory...
This is a LOW RISK trade ONLY if you hold.
Chart is self explanatory - undervalued coin
If you're a member, you have access to more details on this trade and a few short term 21X rise coins
Do not invest what you can't afford to lose. We are not your financial advisors.
There are several key things to note from the chart of FCT/BTC:
- Recently in a downtrend and moving in a descending channel. It has tested the bottom of the channel at least twice already and now the price is lingering around the top of the channel. We can wait for breakout of this channel upwards to place the buys at the ideal conditions.
- The MACD shows...
Today I bought a bit of Factom. This buy was on the conservative speculation of another long term breakout happening within the next 3 months. I am usually close or right on target with lots of my predictions with almost an 88% profitability rating. I hope that Factom is no exception. However, given the downward trends as well as technical potential, I would...
FCTBTC Actually we look closely to find any extra signs refers to uptrend move but we couldn't
as shown in chart FCT was moving in a parallel channel since Abril 2016, then break it down in October 2017.
it was moving with low to normal volume but before breaking, it's jumped up from the lower border of the channel with high volume in mid of August, the jump made...
